Robert Xu, Chair of the Board of Directors of Kingdee International, is presenting a speech. Recently, Kingdee International Software Group Company Limited (¡°Kingdee International¡± or ¡°Kingdee¡±, stock code: 0268) was invited to join the road show of CLSA Asia-Pacific Markets in Shanghai and Singapore on May 12 to 23 for its remarkable market performance and good market image. During the road show, QDIIs were highly concerned about Kingdee that is stepping into a stage of high increase. The road show of CLSA Asia-Pacific Markets was aimed to create a platform of close exchanges between investors and listed companies. CLSA Asia-Pacific Markets invited some one hundred listed companies to participate in the activity, which attracted over 2000 Chinese and international investors to swap in-depth mutual communication. The activity adopted the means of one-to-one meeting and public speech presentation to deepen the investors¡¯ understanding of the companies. It was a perfect chance for the companies to demonstrate their investment value. During four days of meetings, Robert Xu, Chair of the Board of Directors of Kingdee International, was invited to present a speech titled ¡°The Chinese Enterprise Software Market and Kingdee¡¯s Transition towards Service¡±. He introduced to the investors the current situation and the prospect of the industry, pointing out that Kingdee was currently stepping into a stage of high increase. When Chinese enterprises were faced with slowed-down economic increase and heavier cost pressure, more enterprises would turn to enterprise management software for a better efficiency. Mr. Xu continued that the situation was highly similar with the 1990s in the USA. At that time, the mainstream enterprise management software vendors experienced a speedup in company development because, among others, American enterprises were faced with the competition pressure from new but energetic players of Japan and Germany and drastically pumped more investment into enterprise management software. Kingdee was fully confident in the future, and would strive to transit towards services by utilizing its advantages in product and channel. Kingdee would cultivate the image of a management expert, and take more active merger and acquisition strategies to engineer the unique ¡°ERP + middleware + SaaS¡± development mode. During the meeting, the investors showed great interest in Kingdee. In particular, a number of QDIIs were specially concerned about Kingdee. The interaction between the QDIIs and Kingdee was enthusiastic. Mr. Xu said that the value of Kingdee would be known to a larger group of investors after the exchange. Shortly before, Kingdee International announced the performance of 2007, with a 25% increase in revenue, a 40% increase in net profit, and a basic profit of RMB0.3 yuan per share. In the context of upcoming development opportunities, Kingdee would double its efforts to continuously create higher return to its shareholders.
|